Economy

Intel shares jump after report of possible US stake in chipmaker

Intel shares up on news of potential US stake in chipmaker

News that the U.S. administration might contemplate acquiring an equity position in Intel has caused a notable increase in the company's stock worth. Should this proceed, it would mark a significant and unorthodox method of government involvement in the semiconductor sector. This anticipation arises from a recent, more straightforward strategy to back local tech champions, especially as the United States aims to enhance its supply chain durability and safeguard national security within a highly competitive international arena. This indicates a possible transition from basic grants and loans to a closer public-private collaboration, where the government takes on the role of…
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UK economic growth slows but beats forecasts

UK economic growth slows while beating analysts’ expectations

The United Kingdom's economy experienced a notable slowdown in the second quarter of the year, although its performance exceeded the expectations of many financial experts. According to official data, the country's Gross Domestic Product (GDP) grew at a more moderate pace compared to the beginning of the year. This deceleration was anticipated, but the actual figures were more robust than the widely pessimistic forecasts, providing a welcome surprise for both the government and market analysts.The Office for National Statistics (ONS) reported that the UK economy grew by 0.3% in the second quarter of 2025, a significant drop from the 0.7%…
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VW introduces monthly subscription to increase car power

VW launches monthly subscription to boost car performance

Volkswagen has announced a fresh monthly subscription program that enables vehicle owners to increase horsepower as an additional option. This step edges the car manufacturer into a leading position within the expanding trend of on-demand functionalities and digital enhancements in the auto sector. Instead of a singular transaction for a lasting power increase, Volkswagen is reportedly trying out a system that offers adaptability and simultaneously establishes a consistent revenue source. The essence of this approach lies in generating profit from features that exist within the car but are restricted by a software-controlled barrier.This approach is part of a broader shift…
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UK firms chase £38bn India contracts but challenges loom

UK firms compete for £38bn India contracts but obstacles remain

British companies are actively seeking a substantial collection of contracts in India, valued at approximately £38 billion, as they aim to benefit from the country's rapidly growing economy and infrastructure initiatives. This effort is a component of a larger plan to enhance trade relations between the two countries after the United Kingdom's exit from the European Union. Nevertheless, despite the considerable monetary prospects, British businesses encounter numerous intricate challenges, ranging from bureaucratic obstacles and fierce competition to cultural distinctions and complex regulations, which might hinder their success in the Indian market.The £38 billion figure represents a wide range of potential…
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